According to recent data from the Central Bank of Egypt, there was a reported 38 percent decline in remittance flows during the first half of 2023.
24.12.2023
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News by
Egypt Today
This leaves the overnight deposit rate at 19.25 percent, the overnight lending rate at 20.25 percent, the rate of the main operation at 19.75 percent.
22.12.2023
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News by
Egypt Today
Egyptian private equity firms and investors focus on injecting capital into local businesses, providing them with the resources needed to grow.
Survey by
Egypt Business
Basata Holding, a leading Egyptian e-payment services company, announced plans to introduce new services in 2024 to promote financial inclusion.
21.12.2023
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News by
Ahram Online
In November 2023, Egypt achieved a successful sale of nearly $500 million worth of 5-year Samurai bonds in the Japanese market.
21.12.2023
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News by
Egypt Today
Azzam mentioned the possibility of listing commercial malls on the stock exchange, with a part of their shares offered to citizens for selling units.
21.12.2023
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News by
Egypt Today
Egypt has initiated negotiations with India to explore the possibility of issuing rupee-denominated bonds in the Indian markets.
21.12.2023
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News by
Ahram Online
The Egyptian government is in talks with the International Monetary Fund for a new timeline for the loan deal, Prime Minster Mostafa Madbouly said.
21.12.2023
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News by
Ahram Online
The volume of development financing provided to Egypt last year amounted to $13.7 billion, an increase of 37 percent over the previous year.
20.12.2023
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News by
Egypt Independent
The main objective will be to address concerns surrounding tampering with the auction session, a critical factor influencing the closing price.
20.12.2023
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News by
Egypt Today
Xmatch Demo Day has secured more than $20 million in potential investments for Small and Medium Enterprises (SMEs) and startups in Egypt.
20.12.2023
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News by
Ahram Online
Banks operating in Egypt on Sunday resumed collecting fees on opening accounts (current or savings), adhering to the minimum account balance.
19.12.2023
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News by
Egypt Independent
Many analysts believe Egypt will wait until January, well after the Dec. 10-12 vote, before hiking interest rates or devaluing the currency.
19.12.2023
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News by
Reuters
The number of ATMs with features supporting people of determination in Egypt surged by nearly 23 percent to 4,950 in December from around 4,000 in Jan
19.12.2023
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News by
Ahram Online
Owners are interested in the best ways to employ them, and whether public banks will tend to offer CDs with higher returns in retaining this money.
19.12.2023
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News by
Egypt Independent
The Egyptian government's decision to rationalize spending will not affect crucial sectors such as health, supply goods, petroleum and gas supplies.
18.12.2023
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News by
Ahram Online
Egypt has received $38.8 billion of soft development loans and grants from international development partners between 2020 and 2023.
18.12.2023
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News by
Ahram Online
This amendment enables closed investment fund companies to issue multiple batches of documents, streamlining the establishment and processes.
18.12.2023
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News by
Egypt Today
